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Tesla Supplier CATL Denies Forcing Employees To Buy 'Defective' EVs Of Elon Musk Company
Monday, June 21, 2021 - 4:04am | 425Read More...China-based electric vehicle battery supplier Contemporary Amperex Technology Co Ltd has denied rumors that claim it has forced employees to buy defective Tesla Inc (NASDAQ: TSLA) vehicles, as per Global Times report on Sunday. What Happened: CATL, a supplier to both Tesla and its...
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Tesla, Nio Supplier CATL Said To Be Planning A New EV Battery Plant In Shanghai
Thursday, June 3, 2021 - 4:43am | 381Read More...CATL, a battery supplier to Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO), is planning a major new automotive battery plant in Shanghai, Reuters reported on Thursday — citing sources. What Happened: The new battery plant would be able to produce 80 gigawatt-hours of battery...
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Nio, Tesla Battery Supplier CATL To Launch Sodium-Ion Battery In July
Friday, May 21, 2021 - 3:23pm | 324Read More...China's Contemporary Amperex Technology Co Ltd, which supplies batteries to EV customers, including Tesla, Inc. (NASDAQ: TSLA) and NIO Inc. (NASDAQ: NIO), is gearing up to launch batteries with a new material. What Happened: CATL will launch EV batteries made of sodium-ion around...
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Tesla Battery Day Announcements Make Suppliers Bleed At The Stock Market
Wednesday, September 23, 2020 - 2:17am | 375Read More...Tesla Inc (NASDAQ: TSLA) battery supplier shares slumped in morning trade on Asian markets Wednesday after the automaker’s CEO Elon Musk revealed a plan to halve the cost of batteries and make them at its own factories. What Happened: Korea’s LG Chem Ltd (OTC: LGCLF) fell 4.5...
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Elon Musk Says Tesla, Suppliers Put Together Aren't Enough To Fulfill EV Maker's Battery Needs
Monday, September 21, 2020 - 10:30pm | 416Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Monday dashed hopes surrounding the automaker’s ability to reach self-sufficiency in batteries until at least 2022. What Happened: Musk said on Twitter that the unveil at the event scheduled for Tuesday would affect long-term production especially of...
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Chinese EV Maker Nio Plans Global Expansion Starting With Europe Later This Year
Friday, August 21, 2020 - 4:57am | 335Read More...Nio Inc (NYSE: NIO) Chairman William Li said Thursday that the electric vehicle maker has plans to expand into other markets in the second half of 2020, CNBC reported. What Happened The Telsa Inc (NASDAQ: TSLA) rival is considering a foray into countries that are electric vehicle-friendly...
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Chinese Battery Supplier CATL Looks To Increase EV Range
Thursday, August 13, 2020 - 3:18pm | 221Read More...As more companies develop electric vehicles, the first metric consumers look to for comparison is range. Older electric cars would have a hard time breaking the 100-mile mark, and for many drivers this is unacceptable. Modern EVs regularly pass the 200-mile range mark, but customers seem to always...
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Tesla Battery Supplier CATL Says Working On New Tech That Could Increase EV Range To Over 500 Miles
Wednesday, August 12, 2020 - 4:43am | 399Read More...Tesla Inc (NASDAQ: TSLA) supplier Contemporary Amperex Technology Co Ltd, or CATL, claims it is developing a technology that will allow batteries to be embedded directly into an electric vehicle's chassis — thus eliminating the need for heavy casings used in traditional battery packs...
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China-Made Tesla Model 3 Will Ditch Cobalt, Use CATL Batteries
Sunday, July 19, 2020 - 9:47am | 315Read More...Contemporary Amperex Technology (CATL) has confirmed they will be supplying Tesla Inc's (NASDAQ: TSLA) Gigafactory Shanghai with batteries for use in the Standard Range Plus Model 3, according to Chinese media. These Lithium Iron Phosphate batteries contain no cobalt, a first for Tesla, and...
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CATL Is Ready To Make Million-Mile Batteries For Electric Vehicles, Says Chinese Battery Giant's Chairman
Monday, June 8, 2020 - 4:49am | 547Read More...Contemporary Amperex Technology Co. Ltd.’s chairman and founder Zeng Yuqun disclosed that his company, which already manufactures batteries for Tesla Inc. (NASDAQ: TSLA) and Volkswagen AG (OTC: VWAGY) is ready to make electric car batteries which will last as long as 16 years and 1.24 million...
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Tesla Supplier CATL Plans To Raise $2.85B To Expand Electric Battery Business
Thursday, February 27, 2020 - 6:44am | 274Read More...Contemporary Amperex Technology Ltd. (CATL), a Chinese battery maker, says it wants to raise 20 billion yuan or $2.85 billion to fund battery projects and increase working capital. What Happened CATL plans to raise funds to expand its battery manufacturing infrastructure in Jiangsu, Sichuan, and...
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CATL Confirms Battery Supply Agreement With Tesla In China
Sunday, February 2, 2020 - 11:07pm | 458Read More...Chinese battery maker Contemporary Amperex Technology Co Ltd. has confirmed its partnership with electric vehicles maker Tesla Inc. (NASDAQ: TSLA) in China. What Happened Ningde-based CATL has signed a two-year supplier agreement with Tesla, effective between July 2020 and June 2022, Reuters...
